Shares of MARFRIG ALIMENT/S (OTCMKTS:MRRTY) were down 0.4% on Thursday . The stock traded as low as $2.77 and last traded at $2.77, approximately 524 shares traded hands during mid-day trading. A decline of 99% from the average daily volume of 38,637 shares. The stock had previously closed at $2.78.
Separately, JPMorgan Chase & Co. downgraded MARFRIG ALIMENT/S from an “overweight” rating to a “neutral” rating in a research note on Thursday, August 15th.
The firm has a 50 day simple moving average of $2.47 and a two-hundred day simple moving average of $1.92.
MARFRIG ALIMENT/S Company Profile (OTCMKTS:MRRTY)
Marfrig Global Foods SA operates in the food and food service industries in Brazil and internationally. It operates through Marfrig Beef and Keystone segments. The company is involved in the production, processing, distribution, and sale of animal protein, such as beef, lamb, and poultry; and various other food products, including breaded products, ready-to-eat meals, fish, frozen vegetables, desserts, and others.
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